Free advanced annuity calculator for immediate & deferred annuities. Calculate fixed, variable, and indexed annuity payments, rates, terms, and values.
Calculate annuity payments, present value, future value, interest rates, and payment periods for immediate and deferred annuities
| Annuity Type | Risk Level | Potential Returns | Best For | Liquidity |
|---|---|---|---|---|
| Fixed Annuity | Low | 3-5% annually | Conservative investors | Low (surrender charges) |
| Variable Annuity | Medium-High | Market-linked | Growth-oriented investors | Medium |
| Indexed Annuity | Medium | 4-7% annually | Balanced risk-reward | Low-Medium |
| Immediate Annuity | Low | 5-7% annually | Retirees needing income | None |
| Deferred Annuity | Low-Medium | 4-6% annually | Long-term retirement planning | Low (until annuitization) |
What is an Annuity? An annuity is a financial product that provides a stream of payments over time, typically used for retirement income. You make an initial investment (or series of payments) and receive regular payments in return, either immediately or at a future date.
Our advanced annuity calculator helps you determine various aspects of annuities:
1. Ordinary Annuity (End of Period): Payments are made at the end of each period (month, quarter, year). Most common type for retirement annuities.
2. Annuity Due (Beginning of Period): Payments are made at the beginning of each period. Common for lease payments and insurance premiums.
3. Fixed Annuity: Provides guaranteed payments at a fixed interest rate. Low risk with predictable returns.
4. Variable Annuity: Payments vary based on the performance of underlying investments. Higher risk but potential for higher returns.
5. Indexed Annuity: Returns are linked to a market index (like S&P 500) with a guaranteed minimum return.
Future Value of Ordinary Annuity: FV = P × [(1 + r)^n - 1] / r
Present Value of Ordinary Annuity: PV = P × [1 - (1 + r)^-n] / r
Future Value of Annuity Due: FV = P × [(1 + r)^n - 1] / r × (1 + r)
Where:
Annuities are particularly suitable for:
Before purchasing an annuity, consider:
This annuity calculator helps with various financial planning scenarios:
Disclaimer: This annuity calculator provides estimates for educational purposes only. Actual annuity values may vary based on specific product features, fees, and market conditions. Consult with a financial advisor before making any annuity purchase decisions.